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I am a builder, I have 6 guys working for me, over the last week I have had our next 3 extensions/ house refurbs all cancel due to this situation.
We have gone from being super busy, booked for the next 12 months minimum to absolutely no work from 3 weeks time, for 6 guys.
Times are not looking good at the moment, especially for me now as my wife is a teacher and off on maternity leave until April.
I’m honestly quite nervous and anxious about the future.
This creates me a headache as Im about to hire builders and I was working on the basis if you're not booked up you're probably not worth hiring... Now how do I know!?
Sorry, appreciate thats not helpful for your situation.
How many senior executives lost their jobs and had to sign on? Oh…
Ours was forced out by the bank refusing to refinance the loans.
Doubt he signed on though.
This creates me a headache as Im about to hire builders and I was working on the basis if you’re not booked up you’re probably not worth hiring… Now how do I know!?
Similar, we had a few quotes last year, they were all about 50% over our budget and "we can start in about 6 months but need materials buying upfront and we'll store them at the yard until we start" otherwise it was £X for the actual building + any rise in materials costs.
Might look again if things get a bit less manic.
kind of discourse that we saw between Sadie Khan and the former head of the Met – which resulted in her receiving substantial (£600k) compensation for what was effectively constructive dismissal by a politician.
It's 'Sadiq', and Dick did not get 'compensation for what was effectively constructive dismissal by a politician'. All I can find online is something about 'she could receive over £500,000 as well as her pension' as part of a 'severance package', but nothing on how much she actually did get, or indeed if she got anything at all above her pension to which she was entitled. Let's try and stick to facts. And remind me why she lost her job?
https://www.spectator.co.uk/article/seven-scandals-on-cressida-dick-s-watch
“we can start in about 6 months but need materials buying upfront and we’ll store them at the yard until we start” otherwise it was £X for the actual building + any rise in materials costs.
in fairness to them, this was a very sensible move in the last few years. Timber especially was nuts. I've seen materials quotes valid for 48 hours (when a historic standard was say 6 months) due to the volitiltiy of it.
My steel supplier is onho holding prices for 24hours at the moment, which as you can imagine is mental, that's not enough time for a quote to be finalised, sent to customers and a decision made!
“Labour in 2019 were proposing to bring the BoE under democratic control and were planning to spend 250bn on investment into public services and green infrastructure“
It already is under democratic control. It has day to day (or week to week) independence to achieve it's objectives, which are set by the Chancellor, who is from the elected government. It's objectives / mandate can be changed at any point (although the markets are unlikely to react well to that).
I think the inevitable recession will be one of the toughest because the last 10 years of austerity there has been a steady erosion of the public services and infrastructure that could help us rebound quicker. Cheap capital to spend on social housing, new hospitals and public facilities in desperate need - instead they’ve been run into the ground, some beyond the point of no-return. Promises of investment in further education and skills just meant taking money of big employers to pay for it and now we have increased shortages in many sectors as a consequence of Brexit. If Brexit was about a global outlook and I was a big foreign investor the last place you’d look would be the UK whilst has deliberately erected barriers to it’s nearest and richest market whilst diminishing the talent pool through reduced investment in education and skills. Recent governments have actively encouraged the offshoring of capital, profits and taxes for the benefits of their cronies who will be the last to put their hand in their pockets unless it’s an opportunity to fleece billions from the exchequer in buying dodgy PPE.
Fortunately I banged-out a few years ago, now living in semi-retirement in an energy efficient home - even then I’m having to work as a postie a few days per week because my little business dependent on tourism and online has tanked, people are simply not spending money and the cost of essentials have sky-rocketed. I looked at my pensions the other week and whilst OK they’ve still taken a recent battering.
Holiday booking are holding up apparently...
There is no sign of a slowdown in holiday bookings and revenues remain strong, according to the UK’s three most popular airlines, which said trading had held up in the face of political instability and the cost of living crisis.
British Airways’ owner, IAG, said there was “no indication of weakness” in bookings, as it guided higher than expected profits, while both Ryanair and easyJet said they were confident customers would continue to book with them in the year ahead.
The number of people who can’t afford basic food has gone up massively under the recent Tory governments. A staggering HUNDRED TIMES more people couldn’t afford to buy food in 2021 than in 2008.
While not downplaying the difficulties many families find themselves in, the statistics you showed don't say that.
The rise in people using foodbank/s will also be driven by availability - supply creates demand, and that (thankfully) the stigma associated with using food banks has all but gone in many areas.
The rise in people using foodbank/s will also be driven by availability – supply creates demand, and that (thankfully) the stigma associated with using food banks has all but gone in many areas.
Do you really believe that?
Obvs that is the official Tory line, poverty only exists because of charities encouraging it. And, of course, prisons encourage crime....